It\u2019s\neasier than ever to manage your bank account from wherever you are\u2014whether binge-watching\nyour favorite TV show from the couch or waiting in line at the grocery store. Online\nand mobile banking have many advantages, from helping you deposit a check to making\na bill payment. <\/p>\n\n\n\n
While enjoying the benefits of online banking<\/a> and digital finance tools, it\u2019s important to keep security and how to protect your bank account from fraud top-of-mind. That\u2019s because cybercriminals are a growing threat, especially as they use more sophisticated methods in an attempt to steal personal information online. <\/p>\n\n\n\n In 2023, the Federal Bureau of Investigation<\/a> received a total of over 880,000 cybercrime complaints with more than $12.5 billion. That same year, the Federal Trade Commission<\/a> reported more than 1 million cases of identity theft\u2014when criminals assume a person\u2019s identity to make purchases or transactions.<\/p>\n\n\n\n From\nfake emails that ask you to confirm your username and password to malware that\nswipes your information when you\u2019re on public Wi-Fi, scammers can use a number\nof techniques to try to access your bank account. <\/p>\n\n\n\n Given the prevalence of these strategies, it\u2019s important to safeguard yourself from scammers, fraudsters, and hackers, says Steve Weisman, editor of a fraud information website. \u201cThere are things you can do to keep yourself from being the low-hanging fruit,\u201d he says. <\/p>\n\n\n\n So how can you protect your bank account from fraud, scams, and identity theft? If you take these steps, you can help enhance your bank account security and bank online with confidence. <\/p>\n\n\n<\/div>\n\n\n \u201cWhat\u2019s most important about passwords isn\u2019t strength or guessability, but that the passwords are not the same across accounts.\u201d<\/p>\n \n